Soya Oil

FEATURED ARTICLES ABOUT SOYA OIL - PAGE 2

NEW DELHI: Retail prices of refined soya oil, which fell sharply after removal of import duty on crude soya oil, have soared by about Rs 10 a litre in the national capital due to tight domestic supply and rising global prices. "Retail prices have gone up by Rs 10 a litre in domestic market during last two months," Adani Wilmar Assistant Vice President (Sales and Marketing) Angshu Mallick said. He said the company had raised the price of its fortune refined soya oil to Rs 73 a litre.

NEW DELHI: Refined soya oil prices softened by 0.22 per cent to Rs 582.75 per 10 kg in futures trade today amid profit-booking by speculators at prevailing levels. Besides, weak demand at the spot market against adequate stocks put pressure on refined soya oil prices. At the National Commodity and Derivatives Exchange, refined soya oil for delivery in November declined by Rs 1.30, or 0.22 per cent to Rs 582.75 per 10 kg with an open interest of 92,145 lots. Likewise, the oil for delivery in December shed 50 paise, or 0.09 per cent to Rs 584.80 per 10 kg in 80,990 lots.

NEW DELHI: Refined soya oil prices fell by 0.37 per cent to Rs 583.80 per 10 kg in futures trade today as speculators indulged in reducing positions amid weak cues from spot market. Besides, adequate stocks position in the physical market on higher supplies from producing belts kept pressure on refined soya oil prices. At National Commodity and Derivatives Exchange, refined soya oil for delivery in April shed Rs 2.15, or 0.37 per cent, to Rs 583.80 per 10 kg with an open interest of 66,135 lots.

NEW DELHI: Retail prices of refined soya oil, which fell sharply after removal of import duty on crude soya oil, have soared by about Rs 10 a litre in the national capital due to tight domestic supply and rising global prices. "Retail prices have gone up by Rs 10 a litre in domestic market during last two months," Adani Wilmar Assistant Vice President (Sales and Marketing) Angshu Mallick said. He said the company had raised the price of its fortune refined soya oil to Rs 73 a litre.

AHMEDABAD: After being despised by consumers for years, soya oil is set to topple sunflower oil as the leader among edible oil categories. And the turnaround in the former's health has happened in just three years flat. According to the latest AC Nielsen retail audit of the edible oil market, soya oil constituted 33% of the organised edible oil market in the last quarter of the FY04, second only to sunflower that commands 45%. The present share of soya oil is a quantum jump compared 8% share of the edible oil market about three years back.

NEW DELHI: Refined soya oil prices declined by Rs 14.85 to Rs 748.80 per 10 kg in futures market today in line with a weak trend in spot markets due to sluggish demand against adequate stocks position. At the National Commodity Exchange, refined soya oil for delivery in October declined by Rs 14.85, or 1.94 per cent, to Rs 748.80 per 10 kg, with an open interest of 1,04,770 lots. Likewise, the oil for delivery in September traded lower by Rs 3.80, or 0.48 per cent to Rs 791 per 10 kg, with an open interest of 24,720 lots.

NEW DELHI: Refined soya oil prices fell by 0.31 per cent to Rs 688.50 per 10 kg in futures trading today as speculators reduced positions, driven by subdued demand in the spot market against adequate stocks position. At the National Commodity and Derivatives Exchange, refined soya oil for delivery in January declined by Rs 2.15, or 0.31 per cent, to Rs 688.50 per 10 kg with an open interest of 38,760 lots. Similarly, oil for delivery in February traded lower by Rs 1.15, or 0.17 per cent, to Rs 682.70 per 10 kg in 12,2850 lots.

NEW DELHI: Refined soya oil prices declined by 0.36 per cent to Rs 673 per 10 kg in futures trade today on profits-booking by speculators, driven by weak demand in the spot market against sufficient supplies. At the National Commodity and Derivatives Exchange , refined soya oil for delivery in February declined by Rs 2.45, or 0.36 per cent to Rs 673 per 10 kg with an open interest of 12,5430 lots. Likewise, the oil for delivery in January traded lower by Rs 1.50, or 0.22 per cent to Rs 678.80 per 10 kg in 21,600 lots.

NEW DELHI: Refined soya oil remained weak for the second day and prices shed 0.56 per cent to Rs 682.50 per 10 kg in futures market today as speculators reduced positions following sluggish demand in the spot market against adequate stocks position. At the National Commodity and Derivatives Exchange, refined soya oil for delivery in January fell further by Rs 3.85, or 0.56 per cent, to Rs 682.50 per 10 kg with an open interest of 34,140 lots. Similarly, the oil for delivery in February declined by Rs 3.75, or 0.55 per cent, to Rs 675.60 per 10 kg in 1,24,140 lots.

NEW DELHI: Refined soya oil prices fell 0.71 per cent to Rs 643.20 per 10 kg in futures trading today as speculators reduced holdings, triggered by sluggish demand in the spot market against adequate stocks position. At the National Commodity and Derivatives Exchange, refined soya oil for delivery in September declined by Rs 4.60, or 0.71 per cent to Rs 643.20 per 10 kg with an open interest of 15,435 lots. Similarly, the oil for delivery in Augst contract traded lower by Rs 4.20, or 0.64 per cent to Rs 654.80 per 10 kg in 1,12,715 lots.